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U.S. seeks 5 percent annual fuel-economy gains through 2016

The Obama administration today proposed gasoline mileage and greenhouse-gas pollution standards for new vehicles for model years 2012 to 2015, filling in the blanks for manufacturers en route to a 35.5 mpg national target in 2016. The Transportation Department and EPA proposal calls for fuel economy to increase by about 5 percent each year, starting from an average of 27.3 mpg for the 2011 model year, the agencies said in a statement. The average car buyer would save more than $3,000 in fuel costs over the life of a vehicle, the statement said.

Samsung SM5

Samsung Motors, the Korean subsidiary of Renault-Nissan Alliance, recently released the newly-redesigned SM5 sedan for the Korean domestic market. Based on the Nissan Teana, the SM5 is the second best-selling vehicle in Korea's D1 segment, ceding the top spot to Hyundai's Sonata. The most significant change to the exterior design is visible around the front bumper region, where the strong 'chin' (lower section of bumper volume) displays both solid and aggressive styling cues when viewed from the front.

Audi Q5 headed for U.S. showrooms

It will take just a bit more than $38,000 to get into Audi's 2009 Q5 all-wheel-drive crossover. Audi has set the sticker price for the Q5 Premium, which is the starter trim level, at $38,025 including shipping charges. There are two steps up the trim-level ladder--the Premium Plus, which stickers for $42,325, and the Prestige, which carries a bottom line of $49,025.